Baroness Vere of Norbiton: My Lords, it will take time to see the full benefits of the Modern Slavery Act, but the requirement for businesses to publish slavery and human trafficking statements has already had a significant impact. The first year of compliance with Section 4 of this Act has only just passed. It is therefore too early to make a formal assessment of its impact. However, we know that thousands of statements have been published, with many examples of good practice emerging.